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Top Ranked Momentum Stocks to Buy for May 24th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, May 24th:

Melco Resorts & Entertainment Limited (MLCO): The casino gaming service provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.8% over the last 60 days.

Melco Crown Entertainment Limited Price and Consensus

Melco Crown Entertainment Limited Price and Consensus | Melco Crown Entertainment Limited Quote

Melco Resorts & Entertainment's shares gained 34.9% over the last three months higher than S&P 500's gains of 1.5%. The company possesses a Momentum Score of A.

Melco Crown Entertainment Limited Price

Melco Crown Entertainment Limited Price | Melco Crown Entertainment Limited Quote

Deere & Company (DE): The manufacturer of agricultural equipments has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising 27.7% over the last 60 days.

Deere & Company Price and Consensus

Deere & Company Price and Consensus | Deere & Company Quote

Deere's shares gained 13.4% over the last three months. The company possesses a Momentum Score of A.

Deere & Company Price

Deere & Company Price | Deere & Company Quote

MagnaChip Semiconductor Corporation (MX): The designer of semiconductor productshas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

MagnaChip Semiconductor Corporation Price and Consensus

MagnaChip Semiconductor Corporation Price and Consensus | MagnaChip Semiconductor Corporation Quote

MagnaChip Semiconductor's shares gained 20.7% over the last three months. The company possesses a Momentum Score of A.

MagnaChip Semiconductor Corporation Price

MagnaChip Semiconductor Corporation Price | MagnaChip Semiconductor Corporation Quote

Pinnacle Entertainment, Inc. (PNK): The entertainment companyhas a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings rising more than 100% over the last 60 days.

Pinnacle Entertainment, Inc. Price and Consensus

Pinnacle Entertainment, Inc. Price and Consensus | Pinnacle Entertainment, Inc. Quote

Pinnacle Entertainment's shares gained 15.6% over the last three months. The company possesses a Momentum Score of A.

Pinnacle Entertainment, Inc. Price

Pinnacle Entertainment, Inc. Price | Pinnacle Entertainment, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here

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Pinnacle Entertainment, Inc. (PNK): Free Stock Analysis Report

MagnaChip Semiconductor Corporation (MX): Free Stock Analysis Report

Melco Crown Entertainment Limited (MLCO): Free Stock Analysis Report

Deere & Company (DE): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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